Redemption of seized goods requires payment into the government treasury and production of receipted challan within prescribed period. Form DVAT-29 notifies a registered dealer of arrears for VAT, interest, penalty and other dues and requires payment into the Consolidated Fund of the NCT ... Summary
Redemption of seized goods requires payment into the government treasury and production of receipted challan within prescribed period.
Form DVAT-29 notifies a registered dealer of arrears for VAT, interest, penalty and other dues and requires payment into the Consolidated Fund of the NCT of Delhi and production of the receipted treasury challan to redeem goods seized by the Commissioner. The notice sets a fifteen day redemption period (or specified date) and warns that failure to redeem authorises sale of the property by public auction with proceeds applied to the dues.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.